Hana Bank Dealing Room, Jung-gu, Seoul. (Photo=News 1)
As the KOSPI fell more than 1% on net selling by foreigners and institutions, the 2,600 line collapsed.
On the 10th, the KOSPI index closed at 2595.87, down 29.57 points (1.13%) from the previous trading day. The index opened at 2596.37, down 29.07 points (1.11%) from the previous trading day.
In the stock market, foreigners and institutions net sold 842.7 billion won and 284 billion won, respectively. On the other hand, individuals had an advantage in buying 1.1 trillion won.
Kim Seok-hwan, a researcher at Mirae Asset Securities, said, “The index fell due to an increase in foreign listings due to the impact of the overnight decline in the US stock market centered on tech stocks and the strengthening of the dollar due to growing preference for safe assets.” level, and the Chinese stock market’s upward trend showed signs of reducing the decline, but the rise was limited due to the lingering vigilance in the US price index,” he said.
Among the top stocks by market cap Samsung(63,800 -2.15%)Wow SK hynix(103,500 -1.90%)showed a decline of 2% and 1%, respectively. This is due to increased uncertainty in the semiconductor industry due to the fall of the semiconductor index in the US stock market the day before and concerns about an economic slowdown. in addition Naver(270,000 -1.10%), LG Chem(583,000 -1.02%), cacao(80,100 -1.48%) It also fell more than 1%. On the other hand Hyundai(184,500 +1.10%)Wow Kia(82,400 +0.24%), LG Energy Solution(425,000 +0.59%) etc. ended up rising.
The KOSDAQ index closed at 869.86, down 7.32 points (0.83%) from the previous day. The index started at 869.10, down 8.08 points (0.92%) from the previous trading day.
In the KOSDAQ market, foreigners and institutions net sold 49.4 billion won and 21.9 billion won, respectively, and individuals had a buying advantage of 70.4 billion won.
Among the top-cap stocks, HLB fell more than 5%. HLB Life Sciences(12,500 -8.42%)It is believed that the stock price was affected by the news of the overheating of short selling. Celltrion Healthcare(61,100 -3.48%), L&F(236,800 -2.23%), Pearl Abyss(62,000 -2.21%) The trade also ended with the decline. On the other hand Wemade(83,400 +6.92%)closed more than 6% higher.
In the Seoul foreign exchange market, the won-dollar exchange rate closed at 1268.9 won, up 12.0 won from the previous trading day.
Meanwhile, New York stocks fell last night as concerns about global tightening intensified after the European Central Bank (ECB) announced an interest rate hike.
On the 9th (local time) on the New York Stock Exchange (NYSE), the Dow Jones Industrial Average fell 1.94% from the battlefield. The S&P 500 and Nasdaq fell 2.38% and 2.75%, respectively.
The ECB decided to end the Asset Purchase Program (APP) as of July 1, while keeping the policy rate unchanged. He also predicted interest rate hikes in July and September.
Reporter Eunji Cha, Hankyung.com chachacha@hankyung.com
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